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ICMA HR0-002 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Credit Trading | - Default probability and recovery rates - CDS indices and structured credit products - Credit risk, spreads, and ratings - Credit default swaps (CDS) and credit hedging |
| Structured Securities | - Bonds with embedded options - Inflation-linked securities - Securitisation basics |
| Interest Rate Derivatives | - Interest rate options and inflation derivatives - STIR futures and bond futures - Counterparty risk and derivatives market practice - Interest rate swaps and swap futures |
| Portfolio and Risk Management | - Fixed income portfolio construction - Hedging strategies and risk management - Market practice and regulatory considerations |
| Fixed Income Analysis | - Monetary policy and yield curve dynamics - Fixed income securities and interest rates - Interest rate risk measurement and management |







